Business

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Business

Cathie Wood buys $2 million of tumbling AI stock

Cathie Wood, chief of Ark Investment Management, doesn’t give up on her favorite stocks easily. That’s what she just did, buying one of her top holdings that’s down 15% year-to-date. Wood gained a reputation after the flagship Ark Innovation ETF (ARKK) delivered a 153% return in 2020. Last year, the fund gained 35.5%, far outpacing

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Business

U.S. gas prices jump amid ongoing fighting in Persian Gulf

President Trump and his administration argue every day that the U.S.-Israel campaign against Iran is succeeding, and succeeding every way possible. Except in the markets and at gas pumps across the United States where motorists look stunned when they realize retail gas prices are up nearly 30% since the beginning of 2026. That was not

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Business

Stunning court ruling resets bets for Warsh as next Fed chair

Kevin Warsh’s journey to be the next chair of the Federal Reserve — shadowed by President Donald Trump’s fervent wish for lower interest rates — now faces new legal and political roadblocks. The result: Fed Chair Jerome Powell holding on to that job longer than most, and especially the White House, expected. Warsh’s nomination was

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Business

Popular cruise destination slapped with new state of emergency

With the first modern travel advisory dating back to 1978 when the U.S. State Department tried sending out bulletin-style notices about countries commonly visited by Americans, this eventually evolved into a four-tier system in which a rating is assigned to all 193 governments and two non-member observer states recognized by the United Nations. The first

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Business

Ryanair plane stormed by bailiffs over unpaid traveler compensation

As a low-cost airline, Dublin-based Ryanair frequently fields accusations of trying to squeeze passengers in any way they can. The low-cost business model in general relies on luring in travelers looking for a bargain with a rock-bottom fare and then making up for the difference by charging for additions that would normally come included if

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Business

Harmony Gold doubled its dividend but the market had other plans

Harmony Gold had good news for shareholders this week. They doubled the dividend. Investors responded by dumping the stock. Shares of the South African miner fell on the New York Stock Exchange after the company released its first-half results on Wednesday. The numbers told two very different stories at once. On one hand, operating profit

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Business

Here is what you should do in downtown Miami on your next trip

For most who don’t live in the area, Miami immediately brings up associations of the white sand beaches and parties of South Beach. The entire island of Miami Beach sees the main bulk of tourists due to its proximity to the coastline and large concentration of beachfront hotels. The downtown core of the city, meanwhile,

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Business

YouTube just crushed Hollywood in a major milestone

For decades, Disney, NBC, Paramount and Warner Bros. Discovery sat at the top of the advertising world. In 2025, a 21-year-old video platform built on cat videos and bedroom creators officially knocked them off. YouTube’s total revenue across ads and subscriptions exceeded $60 billion in 2025, according to Alphabet’s official earnings release, making it larger

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Business

Oil’s $30 whipsaw just put Buffett’s biggest energy bet back on screen

Occidental Petroleum (OXY) did not need company-specific news to move on March 10. It just needed oil to reverse hard. After crude’s sharp run higher, the energy trade snapped back, and OXY closed at $53.12, down 2.99% on the day. The stock also traded at a relative volume of 1.88, showing investors were paying closer

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Business

Ross Stores CEO eyes a change that risks pushing shoppers away

Ross Stores is benefiting from a growing consumer trend, unlike some of its competitors in the retail landscape. The off-price retailer is seeing heightened demand in stores, as economic uncertainty pressures the wallets of consumers nationwide. To capitalize on increased consumer momentum, the company’s CEO is weighing a risky in-store change that shoppers may not

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